MAJOR contracts providing services to Lloyds Banking Group and baggage screening at Heathrow Airport brightened the outlook for outsourcer despite council spending cuts hitting its homecare business.

Mitie – it will provide catering at the Chelsea Flower Show and South London’s Calling Festival in July where Noel Gallagher’s High Flying Birds will perform – posted a 5.8 per cent rise in annual revenue to £2.26billion.